MOUNT EVERGREEN

MOUNT EVERGREEN in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 558K and a median price per square foot (PSF) of RM 624.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 558K, with most transactions falling within a stable range of RM 465K to RM 650K, and a typical market range of RM 498K to RM 617K.

Most transactions involved town house, with minimal variety in property types.

The median PSF stands at RM 624, with core pricing between RM 527 and RM 721. Market pricing typically extends from RM 542.50 to RM 705.50, reflecting moderate variation in unit pricing. The spread of RM 163.00 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.